Trade Idea Wrap-up: GBP/USD - Sell at 1.3115

Although cable rebounded after holding above indicated support at 1.2915 (last week's low) and further consolidation above this level would be seen, risk of recovery to 1.3060-70 cannot be ruled out, however, reckon resistance at 1.3121 would cap upside and bring another decline, below 1.2935-40 would bring retest of said

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